A mortgage without government-backed default insurance, required when the down payment is 20% or more, or for investment properties and refinances. Uninsured mortgages typically carry slightly higher interest rates than insured ones because the lender bears the full default risk. Most investment property mortgages in Canada are uninsured.
Related Articles
- CMHC vs Conventional Commercial Mortgage: Full Comparison
Compare CMHC-insured and conventional commercial mortgages side by side. Rates, down payments, up to 50-year amortization, timelines, and which saves more.
- CMHC vs Conventional Multifamily: Which to Choose?
Compare CMHC-insured and conventional multifamily financing in Canada. Rates, LTV, amortization periods, approval timelines, and which option fits your deal.
- Investment Property Mortgage Rates Canada (2026)
Current investment property mortgage rates in Canada. House hacking strategies, rental income qualification rules, and how to get the best rates as an investor.
- Scaling from 5 to 20 Properties: Financing Roadmap
Scale from 5 to 20 properties: transition from conventional to commercial lending, portfolio mortgages, and creative financing strategies.